August 27, 2015 / 10:24 AM / 4 years ago

ESM's Regling says threat of Grexit is still there

BERLIN (Reuters) - A Greek exit from the euro zone was a possibility and remains a threat if Athens does not fulfil the conditions of its third bailout agreement, the head of the European Stability Mechanism said on Thursday.

“This threat as a possibility must always be there and is still there,” Klaus Regling, head of the European Stability Mechanism (ESM), told a news conference in Berlin.

Reporting by Erik Kirschbaum and Paul Carrel; Editing by Noah Barkin

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